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lunes, 19 de mayo de 2014

The unemployment rate declined at the end of the first quarter of 2014 to 7.1%,

The
unemployment rate declined at the end of the first quarter of 2014 to
7.1%, i.e., eight tenths less than 7.9% which was located between
January and March 2013, according to data provided by the National
Institute of statistics and censuses (Indec).

Indicator
of applicant sub-ocupacion - those who work less than 35 hours a week,
but would like to work more - remained in the first quarter at 5.5%,
while not demanding underemployment grew by one-tenth with respect to
2013.

The
report said that compared to the last quarter of last year, when
unemployment stood at 6.4% - lowest mark of the last 30 years - the
unemployment rate marked in the first quarter of 2014 an advance of
7/10.

The
city of resistance (Chaco) recorded the lowest rate of unemployment -
less than 0.4% - followed by Santa Rosa (La Pampa) with 1.2%, San Luis
1.5% and Formosa, with 2.1 percent.

Catamarca
is at the top of the table, with a rate of 9.4 per cent, followed by
Córdoba with 9.1% and Mar del Plata, with 9 percent.

The
city of Buenos Aires and the greater Buenos Aires, where a third of the
population, is concentrated recorded rates of unemployment of 5.9% and
8.3% respectively.

"The ' wave of layoffs' in headlines in some newspapers only passes Argentina", said the Minister of Trabajo Carlos Tomada.

The
official acknowledged that "the level of work in black or unregistered
round 30%" and reiterated the efforts of the Government to reduce that
situation.

"We
do a thorough follow-up of each activity and the impact of economic
activity on the job," remarked the Cabinet Chief, Jorge Capitanich, at
the time that recognized stimuli to "sustain economic activity and
maintain sustainability and increase employment prospects".